HSBC Regular Savings Fund Growth
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|Risk||Moderately High risk|
|Fund Type||Conservative Allocation|
|Exit Load||1% for 365 Days|
More about this fund
|7.27% Govt Stock 2026||15.69%|
|8.15% Govt Stock 2026||9.49%|
|08.19% RJ SDL Spl 2026||9.21%|
|8.29% Andhra Pradesh SDL 2026||6.64%|
|Reliance Industries Limited||6.45%|
|6.79% Govt Stock 2027||6.37%|
|6.19% Govt Stock 2034||3.59%|
|Tata Sons Limited||3.02%|
|HDFC Bank Ltd||2.94%|
|Canfin Homes Limited||2.79%|
About HSBC Regular Savings Fund
The Scheme is an open ended hybrid scheme investing predominantly in debt instruments. The Scheme seeks generation of reasonable returns through investments in debt and money market instruments. The secondary objective is to invest in equity and equity related instruments to generate capital appreciation.
Pros & Cons of HSBC Regular Savings Fund
HSBC Regular Savings Fund offers following features :-
- The Scheme is likely to maintain appropriate duration from both G-Sec, SDL and corporate bonds. With overnight of 6.5%, bonds offer value at current levels.
- The Scheme has underperformed in 1 year, 3 year and 5 year investment horizon compared with category average and benchmark index.
Fund Information and Statistics of HSBC Regular Savings Fund
Inception / Launch date
The Scheme was launched on 24 February 2004 and was formerly known as HSBC Monthly Income Plan. The Scheme is benchmarked against CRISIL Hybrid 85+15-Conservative Index.
Being a hybrid scheme, the scheme is moderately high risk proposition and suitable for investors looking for capital appreciation over long term i.e. investment horizon of more than 5 years.
Being an open ended scheme, units are purchased and redeemed on every business day at NAV based prices, subject to exit load. Under normal circumstances, the fund house endeavour to despatch the redemption proceeds within 1 business day.
The Scheme is currently being jointly managed by Mr Aditya Khemani and Mr Sanjay Shah. Mr Khemani is managing the scheme since February 2009 and Mr Shah is managing the scheme since August 2009.
Entry / Exit load
In respect of each purchase/switch-in of units, an exit load of 1% is charged by the fund house if units are redeemed/switched-out within 1 year from the date of allotment. No exit load is charged if units are redeemed or switched-out after 1 year from date of allotment. No entry load is charged by the fund house for subscriptions.
Tax benefits of investing in HSBC Regular Savings Fund
Long Term Capital Gains (LTCG) are taxed @ 20% after indexation if units are held for more than 36 months. Short term capital gains (STCG) are taxed as per the income tax slab. It is advisable to hold the investment for more than 36 months to avail tax benefits. Investors do not pay any tax on dividends received but a Dividend Distribution Tax (DDT) is deducted by the fund house at source.
About HSBC Mutual Fund
HSBC Asset Management (India) Pvt Ltd, investment manager to HSBC Mutual Fund, is one of the leading asset management company in country which offers a flexible product range to create wealth in the long term for individual and institutional customers. Mr Sridhar Chandrasekharan is the Global CEO of the Investment Manager of the fund house.
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